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India Real Estate News
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This section of the website provides latest real estate news in India and latest happenings in the Indian real estate market. Some of the latest real estate news in India are listed below. You can click on the news title to view it in detail. If you would like to submit the news in our real estate directory, then you are most welcome to do so from your member control panel.
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Government Provides Liquidity Support To Emaar MGF
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| Published: April 7, 2009 | Author: Administrator | Source: 30 March 2009 - Rediff.com |
| To provide liquidity support to the developer of the Commonwealth Games Village Project, Emaar MGF, the government has decided to advance Rs 100 crore, as against the developer's demand for Rs 300 crore (Rs 3 billion). To provide liquidity to the company, the Ministry of Urban Development plans to a... |
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Realtors In Punjab Hold Their Plans
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| Published: April 7, 2009 | Author: Administrator | Source: 31 March 2009 - Rediff.com |
| Real estate majors, who were planning to come up with projects in Punjab to attract non-resident Indians, have put a hold on their plans indefinitely as most NRIs are no longer interested in investing in these properties. Developers had planned integrated townships and shopping complexes in towns in... |
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Registrations In Realty Down By 60%
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| Published: April 7, 2009 | Author: Administrator | Source: 3 April 2009 - DNA Money |
| The number of registrations in realty has gone down drastically in Mumbai in the last two months of the financial year 2008-2009. The number of transactions registered includes components like certificate of sale, conveyance, agreement deed and apartment deed. The total number of home registrations ... |
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Prices In Mumbai Down By 50%
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| Published: April 4, 2009 | Author: Administrator | Source: 26 March 2009 - MoneyControl.com |
| Here's some good news for property buyers. Home sale volumes have increased but mainly due to developers in Mumbai who have started bringing down prices. New project launches in the market are witnessing a steep correction, with apartment prices in suburban Mumbai recording a dip by a whopping 50% i... |
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DLF To Develop Four New Shopping Malls
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| Published: April 4, 2009 | Author: Administrator | Source: 27 March 2009 - PropertyBytes.com |
| DLF said that it would open four new shopping malls in the Delhi-NCR region before Diwali this year and is expecting a lower rent in its new malls than existing levels. "We have currently eight malls operating across India and we are now launching four new malls in Delhi-NCR before Diwali this year.... |
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Realtors Offer 40% Discount To Buyers
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| Published: March 24, 2009 | Author: Administrator | Source: Google.com |
| To perk up the sluggish realty market in India, Unitech, DLF, HDIL, BPTP and others are offering a 30-40% discount on ongoing real estate projects. Analysts assert that such projects will facilitate demand and bring in much-needed liquidity in to the industry. In the last few months, DLF has launche... |
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Dearth Of Home Buyers In Punjab
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| Published: March 24, 2009 | Author: Administrator | Source: 16 March 2009 - Business Standard |
| As realtors in Punjab are finding it difficult to reduce prices, buyers have put their plans on hold till the market sees further correction. PPR Group Managing Director, Mr. Rajan Chopra said, "Most of the housing projects in Jalandhar City are coming up on the outskirts of Nakodar, Kapurthala and ... |
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Sabeer Bhatia's IT Project In Trouble
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| Published: March 24, 2009 | Author: Administrator | Source: 20 March 2009 - Indian Realty News |
| Parsvnath and Hotmail co-founder Mr. Sabeer Bhatia's proposed 11,000 acre IT hub called the Nano City at Naraingarh in Panchkula district in Haryana has been hit by the slowdown. According to sources, Mr. Bhatia's partner Delhi-based real estate player Parsvnath Developers may pull out of the projec... |
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RE/MAX Opens Office In India In Delhi
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| Published: March 14, 2009 | Author: Administrator | Source: Indian Realty News |
| Real estate giant RE/MAX International recently opened in India with a new branch in New Delhi. After the signing, RE/MAX Chairman and Co-Founder Dave Liniger introduced over 100 employees to the new owner of RE/MAX India, Samir Chopra. India is one of five countries REMAX has opened o... |
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India To Have A Housing Index Soon
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| Published: March 9, 2009 | Author: Administrator | Source: Indian Realty News |
| India is likely to have her own housing starts index. A Technical Advisory Group (TAG) set up by the Reserve Bank of India (RBI) has recommended the creation of a Housing Start-up Index (HSUI) to be based on newly-built residential units in urban India and compiled on a quarterly basis. The number o... |
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